CLOSE AD
Saturday, November 22, 2025

Trump announces 100% tariff on non-US-made movies

-Advertisement-
-Advertisement-

US President Donald Trump has slapped a new 100% tariff on all movies made outside the United States. He made the bold move in a fiery post on Truth Social on Monday, blasting foreign countries for “stealing” America’s film industry.

- Advertisement -

“Our movie-making business has been stolen from the United States of America, by other Countries, just like stealing candy from a baby,” Trump wrote. He pointed fingers at California and its governor, calling the state “particularly hard hit.” To fight back, Trump declared: “I will be imposing a 100% Tariff on any and all movies that are made outside of the United States.” He wrapped it up with his signature line: “MAKE AMERICA GREAT AGAIN!”

This isn’t Trump’s first big tariff swing. Just days earlier on September 26, he targeted the pharmaceutical world with a similar 100% tariff on branded and patented drugs starting October 1, 2025—unless companies build factories in the US. “Starting October 1st, 2025, we will be imposing a 100% Tariff on any branded or patented Pharmaceutical Product, unless a Company IS BUILDING their Pharmaceutical Manufacturing Plant in America,” he posted. Companies already breaking ground on US plants get a pass.

The pharma tariffs hit hard at India, the world’s “Pharmacy of the World.” Indian companies supply over 50% of global vaccines, 40% of US generic drugs, and 25% of UK medicines. Last year, India’s drug exports soared to a record $30 billion, up 31% in March alone. In August 2025, exports jumped 6.94% to $2.51 billion. The US alone took in $8.7 billion worth in FY24, making it a top market for giants like Dr. Reddy’s, Aurobindo Pharma, Sun Pharma, and others—who get 30-50% of their revenue from America.

India’s pharma powerhouse status ranks it third globally by volume and 14th by value. Experts predict it’ll hit $130 billion by 2030 and $450 billion by 2047. Government boosts like the $2 billion PLI scheme fund 55 projects for cancer and diabetes drugs, while the $60 million SPI scheme helps smaller firms upgrade labs and R&D. These moves keep Indian pharma affordable and competitive worldwide.

Trump’s tariff spree doesn’t stop there. He’s hitting imported household goods too, like a 50% tariff on kitchen cabinets and bathroom vanities, plus 30% on upholstered furniture, both kicking in October 1, 2025. He also flagged heavy duties on trucks, adding to rising costs for everyday items. These steps aim to bring manufacturing home, but they could shake up global trade in films, drugs, and home goods.

Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in world News on Latest NewsX. Follow us on social media Facebook, Twitter(X), Gettr and subscribe our Youtube Channel.

-Advertisement-

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot this week

Louvre heist suspect’s trial in a separate case postponed due to enormous media attention

A French court in Bobigny, just north of Paris,...

Medinipur BLOs protest over data entry work under SIR, submit memorandum to BDO

On Thursday afternoon, tensions rose at the Medinipur Sadar...

2 Louvre robbery suspects busted in $100M museum heist, one caught at Paris airport trying to flee France

Two men who are accused of stealing about $100 million...
00:10:00

Speaker Johnson: Dems got NOTHING out of this! (Video)

House Speaker Mike Johnson discusses ending the government shutdown,...
00:07:31

Gutfeld: These Epstein files are backfiring… (Video)

Fox News host Greg Gutfeld and the 'Gutfeld!' panel...
-Advertisement-

Latest News

India beat Australia to storm into the final of Women’s T20 World Cup Cricket for Blind

Colombo (Sri Lanka) – November 22 (LatestNewsX) – India annihilated Australia...

After Bihar poll debacle, Prashant Kishor’s Jan Suraaj dissolves all organisational units

Patna, Nov 22 (LatestNewsX) – The Jan Suraaj Party has pulled...

AAP to oppose proposed Constitution amendment Bill

Chandigarh, Nov 22 (LatestNewsX) – AAP Punjab slammed the proposed...
00:08:10

Border Patrol chief SOUNDS OFF on ‘blatant lies’ about federal agents (Video)

Border Patrol Chief Michael Banks joins ‘Saturday in America’...

Sanju Samson included in Kerala senior team for Syed Mushtaq Ali Trophy

Kochi, Nov 22 – The Kerala senior men’s cricket squad...
00:07:04

Marjorie Taylor Green: I’ve always been ‘DESPISED’ in Washington, DC (Video)

Fox News' Madison Scarpino and Rep. Nicole Malliotakis, R-N.Y.,...

Trinamool accuses Election Commission of bias, alleges BLOs being overworked during SIR exercise

Pune, Nov. 22 (LatestNewsX) – The Trinamool Congress (TMC) accused...

Related News